News Formal

Load shedding may have 'disastrous' effect on global platinum markets, report finds | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 80%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

If increased load shedding hits South Africa's precious metal production this winter, there will be dire consequences for the global Platinum Group Metals markets, a new industry report has warned. | News24_Business

Gallo Images/ Getty Images

If increased load shedding hits South Africa's precious metal production this winter, there will be dire consequences for the global Platinum Group Metals markets, a new industry report has warned. While South Africa's intensifying power supply crisis has had little direct consequence for the rest of the world, the country is responsible for 73% of the world's platinum.

"The consequences of a significant and continuing decline in power generation ... [and] impact on the South African PGM platinum mine supply will be disastrous for global platinum mine supply," independent precious metals consultant David Davis said in a report last week.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 4. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

ESKOM LIVE | Load shedding escalated (again) after breakdowns in the small hours | BusinessESKOM LIVE | Load shedding escalated (again) after breakdowns in the small hours
Источник: News24 - 🏆 4. / 80 Прочитайте больше »

ESKOM LIVE | Stage 6 load shedding all week 'until further notice' | BusinessESKOM LIVE | Stage 6 load shedding all week 'until further notice' | News24_Business
Источник: News24 - 🏆 4. / 80 Прочитайте больше »

Appeal against load shedding protection judgment 'very likely' - Presidency | BusinessGovernment will likely appeal a ruling by the North Gauteng High Court that all hospitals, clinics, schools and police stations be spared from electricity disruptions. | News24_Business
Источник: News24 - 🏆 4. / 80 Прочитайте больше »

New Zealand's hot migration risks fanning inflation, forcing rates even higher | BusinessGastroenterologist Wesley Kasen arrived in Hawke’s Bay New Zealand in February with his wife Marnie, two kids and dog from Colorado. Their arrival filled a vacancy at the local hospital. | News24_Business
Источник: News24 - 🏆 4. / 80 Прочитайте больше »